If you go by the strictest definition of currency exchange revaluation every small pip IS an RV. Revaluation is a move by a Central Bank of an increase in currency value. Devaluation, naturally, would be the opposite. Since November of 2006 the CBI has gradually increased IQD value from 1470 IQD = 1 USD to today at 1236 IQD = 1 USD. That's nearly an 18% increase in value. Plus it's reflected in Dinar prices in outside markets at much higher values. Best of luck to us all, we are in a critical period.
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Results 11 to 15 of 15
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12-09-2007, 06:44 AM #11Munny Model IQD Value Projections
Range 1345 IQD/1 USD to 1 IQD/.27 USD:
1345 Target ACHIEVED!!!
1260 Target ACHIEVED!!!
1100 IQD/1 USD by Jan. 5, 2008
810 IQD/1 USD by July 5, 2008
500 IQD/1 USD by Jan. 3, 2009
300 IQD/1 USD by Apr. 18, 09
1 IQD/.01 USD by Aug. 8, 09
1 IQD/.27 USD by Sept. 12, 09
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12-09-2007, 02:15 PM #12
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From what I've seen on the streets of mosul $29 might go a long way
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12-09-2007, 03:23 PM #13
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I am afraid ypu are right. As much as i would like to quit my job and lay around on a overnight RV, its not looking good.
When i first got into this is was Guesetamated at 2013 before 1 to 1 IF they dont change the color of the money like Kewaite did,I have a Dream It could happen.
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16-09-2007, 08:10 PM #14
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I'm not knowledgeable about the Kuwait currency...
But, was it not an expensive proposition in creating the Iraqi Dinar (with all of their security features) and also continuing, even more recently than 2003, to release lower denominations?
Does anyone think it'd be worthwhile to change the face of their currency at this point in time? Thoughts anyone?
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17-09-2007, 12:42 AM #15
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Yes it was expensive to create the higher denoms with the security features, however would you create a newer currency or pay of millions of speculators? So people say were small fish in a huge pond..I tend to disagree. Everybody and there mother has dinar or atleast heard about the opportunity. I think to many people are holding dinar the cbi draged its feet for too long. We wont see a big Rv in my opinion. Tank
Use common sense...the world may just start look different....its always fun to dream...and you never know they may come true ONE DAY
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